SWVL (Swvl Holdings Corp.) Stock Financials & Earnings | Market Cap Arena

SWVL (Swvl Holdings Corp.) Stock Financials & Earnings | Market Cap Arena

SWVLSwvl Holdings Corp.

Mkt Cap$15M

Technology·Software - Application· AE·NASDAQ

Revenue (TTM)$18M

Net Income (TTM)-$5M

EPS (TTM)-$0.56

Free Cash Flow (TTM)-$765,948

Gross Margin21.5%

Op. Margin-27.0%

Net Margin-28.8%

FCF Margin-4.2%

P/S Ratio (TTM)0.8x

P/E Ratio (TTM)—

YoY Rev Growth-20.1%

Employees—

Earnings Reports

Next: Q3 2025 · Apr 7

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 22	$11M	-$1M	-$33M
Q2 22	$11M	-$1M	-$33M
Q3 22	$25M	$3M	$936K
Q4 22	-$14M	-$36M	$8M
Q1 23	$6M	$882K	-$2M
Q2 23	$6M	$882K	-$2M
Q3 23	$6M	$1M	$8M
Q4 23	$6M	$1M	-$665K
Q1 24	$4M	$872K	-$2M
Q2 24	$4M	$872K	-$2M
Q1 25	$5M	$979K	-$722K
Q2 25	$5M	$1M	-$128K

Valuation

Quarter	P/S	P/E
Q1 22	0.4x	—
Q2 22	0.3x	—
Q3 22	0.3x	—
Q4 22	0.5x	—
Q1 23	0.6x	—
Q2 23	0.7x	0.3x
Q3 23	5.3x	—
Q4 23	0.7x	3.5x
Q1 24	0.7x	—
Q2 24	0.8x	—
Q1 25	0.8x	—
Q2 25	0.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$38M	-$39M
Q2 22	-$38M	-$39M
Q3 22	-$24M	-$25M
Q4 22	-$17M	-$16M
Q1 23	$1M	$1M
Q2 23	$1M	$1M
Q3 23	-$6M	-$6M
Q4 23	-$6M	-$6M
Q1 24	-$256K	-$256K
Q2 24	-$256K	-$256K
Q1 25	-$125K	-$127K
Q2 25	-$125K	-$127K

Capital Expenditures

CapEx

Quarter	CapEx
Q1 22	$596K
Q2 22	$596K
Q3 22	$698K
Q4 22	$1M
Q1 23	$0
Q2 23	$0
Q3 23	$9K
Q4 23	$9K
Q1 24	$0
Q2 24	$0
Q1 25	$1K
Q2 25	$1K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+67.8%	+538.0%
Q2 22	+67.8%	+471.6%
Q3 22	+129.6%	-34.2%
Q4 22	-196.2%	-147.6%
Q1 23	-48.7%	-83.6%
Q2 23	-48.7%	-83.6%
Q3 23	-76.4%	-107.5%
Q4 23	+141.7%	+129.3%
Q1 24	-27.4%	-15.3%
Q2 24	-27.4%	-15.3%
Q1 25	-16.3%	+415.3%
Q2 25	-10.0%	-17.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$129K	1.2%
Q2 22	$129K	1.2%
Q3 22	$3M	12.8%
Q4 22	-$40M	—
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$2M	27.9%
Q4 23	$2M	27.9%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 22	—	$20M	$6M
Q2 22	—	$20M	$6M
Q3 22	$3M	$18M	$2M
Q4 22	—	—	$4M
Q1 23	—	$1M	$10K
Q2 23	—	$1M	$10K
Q3 23	$559K	$4M	$37K
Q4 23	$559K	$3M	—
Q1 24	$124K	$3M	$7K
Q2 24	$161K	$3M	$7K
Q1 25	$118K	$1M	$36K
Q2 25	$105K	$1M	—

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 22	67.8%	-299.6%	-231.8
Q2 22	67.8%	-299.6%	-231.8
Q3 22	129.6%	9.3%	138.9
Q4 22	-196.2%	-64.7%	-261.0
Q1 23	-48.7%	-7.7%	-56.4
Q2 23	-48.7%	-7.7%	-56.4
Q3 23	-76.4%	-35.8%	-112.2
Q4 23	141.7%	-42.1%	99.6
Q1 24	-27.4%	-48.6%	-76.0
Q2 24	-27.4%	-48.6%	-76.0
Q1 25	-16.3%	18.2%	1.9
Q2 25	-10.0%	-4.8%	-14.9

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$19M	$0	$19M
Q4 22	$2M	$0	$2M
Q1 23	$377K	$0	$377K
Q2 23	$377K	$0	$377K
Q3 23	$3M	$0	$3M
Q4 23	$3M	$0	$3M
Q1 24	$1M	$0	$1M
Q2 24	$1M	$0	$1M
Q3 24	$5M	$0	$5M
Q4 24	$5M	$0	$5M
Q1 25	$5M	$0	$5M
Q2 25	$5M	$0	$5M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 22	4M	-10.3%
Q2 22	4M	+0.0%
Q3 22	5M	+24.3%
Q4 22	5M	-4.8%
Q1 23	8M	+65.2%
Q2 23	8M	+0.0%
Q3 23	10M	+16.3%
Q4 23	10M	+0.0%
Q1 24	9M	-11.8%
Q2 24	9M	+0.0%
Q1 25	10M	+16.1%
Q2 25	11M	+9.2%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 19	—	—
FY 20	—	—
FY 21	$13K	2K
FY 22	$4K	10K
FY 23	$2K	10K
FY 24	$2K	10K